$10,000 Closing Credit*
$1,425,000
1,730 SqFt
4 Beds
•2 Full Baths
Melissa A Band, Listing Office: Christies International Real Estate Park City
Housing Prices in Park City, UT
How much do homes in Park City, UT cost?
Median List Price
$2,514,999
$877/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$2,610,000(-50.9%)
Key Takeaway
The list price of homes in Park City has decreased by 50.9% since last year.
Summary: The median home list price in Park City was $2,514,999 in November 2024, down 50.9% from the previous year, and the median price per square foot was $877.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $732.5K | N/A |
| 2 Bedrooms | $759K | $875K | +15.3% |
| 3 Bedrooms | $3.6M | $1.6M | -55.4% |
| 4 Bedrooms | $5.0M | $3.2M | -34.2% |
| 5+ Bedrooms | $8.0M | $5.2M | -35.4% |
Summary: Park City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.3%, 3 bedroom homes decreased by 55.4%, 4 bedroom homes decreased by 34.2%, and 5+ bedroom homes decreased by 35.4%.
Median List Price Compared To Nearby Cities
| North Wasatch | $1.7M | $1.2M | -31.0% |
| Park City | $5.1M | $2.5M | -50.9% |
Housing Supply in Park City, UT
How many homes are available in Park City, UT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 353 | 407 | +15.3% |
Summary: The Park City real estate market had 407 homes for sale in November 2024, a 15.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 34 | +36.0% |
| 2 Bedrooms | 56 | 59 | +5.4% |
| 3 Bedrooms | 62 | 72 | +16.1% |
| 4 Bedrooms | 81 | 89 | +9.9% |
| 5+ Bedrooms | 129 | 153 | +18.6% |
Summary: The Park City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 18.6%.
Days on Market for Park City, UT
How long does it take to sell a home in Park City, UT?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 178 Days | 146 Days | -17.9% |
Summary: Homes in Park City had an average listing age of 146 days in Nov 2024, down by 17.9% compared to the previous year.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.